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Market News Video
November 14, 2012 at 13:32 PM EST
Analyst Moves: JCP, WFT
JC Penney (JCP) was downgraded by JP Morgan (JPM) to neutral from overweight with a price target of $20, as the company's situation has a great likelihood of worsening rather than improving. Shares are higher by about seven tenths of a percent.
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JPMORGAN CHASE & CO.
PENNEY COMPANY, Inc.
WEATHERFORD INTL., LTD.
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